(Reuters) -The legal framework surrounding private-sector-owned sovereign debt has proven largely effective, especially for bonded debt, but gaps remain for loans and collateralized debt and ...

JoongAng Ilbo applied for a workout, a corporate restructuring process, with its main creditor bank, Hana Bank, on June 19. A ...

NEW YORK/SAO PAULO, Dec ‌12 (Reuters) - A U.S. bankruptcy judge on Friday ‌approved Azul's debt restructuring, allowing the Brazilian airline to slash more than $2 billion in debt and raise capital ...

The restructuring of Altice’s €24.1bn debt pile is set to provide the latest test for the US$9trn credit default swap market following months of wrangling over how to ensure a fair payout for ...

World Bank President Ajay Banga speaks during the IMF/World Bank annual meetings in Washington, D.C., U.S., October 17, 2025. REUTERS/Ken Cedeno WASHINGTON (Reuters) -World Bank President Ajay Banga ...

Braskem SA, the Brazilian petrochemical company, will present a debt restructuring plan to creditors that will include debt maturity extension, reduced coupon payments and more grace periods, ...

Kisses From Italy Inc. (OTCID: KITL) (the "Company") today announced that it has completed all the steps in the agreement to restructure the debt owed to Coventry Enterprises, LLC ("Coventry").The ...

Over the past decade, Venezuela's economy has been severely impacted by external shocks – from the end of the commodity super-cycle to foreign sanctions and COVID-19 – resulting in a sharp economic ...

As pressure mounts on Senegal’s public finances, the prospect of debt restructuring has moved to the centre of the national debate. Will public debt have to go through this heavy, complex process to ...

Understand nonperforming assets and their effects on finances, and learn recovery strategies to navigate financial challenges ...